Released on: January 22, 2008, 3:44 am

Press Release Author: Matt Bacak

Industry: Internet & Online

Press Release Summary: "Matt Bacak Says "Consider all of the Advantages and
Disadvantages"

Press Release Body: Powerful Promoter Matt Bacak, the proven expert in internet
marketing and promotions, explains the different forms of business ownership. Matt
Bacak, with his successful career in marketing takes it a step further in explaining
the different forms of business ownership. "There are many forms of business
ownership and Matt identifies them as well as the advantages and disadvantages of
each.

Powerful Promoter, Matt Bacak, instructs his readers to first decide what type of
business structure best suits their vision. Matt points out to weigh the long term
implications as well. Matt also suggests entrepreneurs meet with an attorney and/or
an accountant with assistance in determining which business entity they should
pursue. Matt identifies some of the topics that should be considered when
determining which business structure to use, which include; the vision regarding
size and nature of business, what level of control the owner would like to retain,
and tax implications to name a few.

Powerful Promoter, Matt Bacak, gives a detailed breakdown of two forms of business
ownership, sole proprietorship, and partnership. Beginning with sole proprietorship,
Matt Back explains that although sole proprietorship is the easiest entity to form
it may also be the one with the highest risk. Matt tells his readers the liabilities
associated with sole proprietorship are many because the proprietor's personal
assets are not protected.

Powerful Promoter, Matt Bacak, also defines partnership forms of business to his
readers. He indicates partnership has more advantages than sole proprietorships such
as the ability to raise more capital. He also says the partnership will benefit from
partners who have complimentary skills. Powerful Promoter, Matt Bacak, cautions
however, that the government does not set limitations as to the ownership of the
partnership, and the owners must take time to set up their partnership agreement and
decide the logistics of said partnership. Powerful Promoter, Matt Bacak, continues
to share his experience and expertise on his website. The article is available along
with other free articles on the Powerful Promoter's website at
www.powerfulpromoter.com.



More Information about Powerful Promoter, Matt Bacak:
Powerful Promoter, Matt Bacak, is a very much sought after internet marketer who has
worked for some of the world's top experts. An experienced entrepreneur, he lends
his experience through consultations, workshops and speaking engagements. His
ability to "fill the room" from email advertising has many businesses lining up for
his assistance and expertise. For more information on services and to review the
free tips on business networking, visit the website www.powerfulpromoter.com.
.
Contact details
Matt Bacak
Powerful Promoter
T: 770-271-1536
E: mattwb@powerfulpromoter.com

This Press Release has been submitted by Traffic Magician.com


Web Site: http://www.powerfulpromoter.com

Contact Details: 1140 Old Peachtree Rd, Suite D
Atlanta, GA
30097, USA.
770-271-1536